NEW YORK ( TheStreet) -- CVR Energy (NYSE: CVI) is trading at unusually high volume Thursday with 10.7 million shares changing hands. It is currently at 6.1 times its average daily volume and trading up $2.18 (+7.8%) at $30.05 as of 10:15 a.m. ET. CVR Energy has a market cap of $2.49 billion and is part of the basic materials sector and energy industry. Shares are up 48.8% year to date as of the close of trading on Wednesday. CVR Energy, Inc., together with its subsidiaries, engages in refining and marketing transportation fuels in the United States. The company also produces and markets nitrogen fertilizer products. It operates through two segments, Petroleum and Nitrogen Fertilizer. The company has a P/E ratio of 7.1, below the average energy industry P/E ratio of 7.3 and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates CVR Energy as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full CVR Energy Ratings Report. See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.